answersLogoWhite

0

it helps economy flourish

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

How did the increased auto sales help the whole economy?

By making travel easier.


How does saving help the US economy?

1) expansion of the economy requires capital; money in saving is used for expansion.2) money saved is also money invested in the economy.3) banks use moneyin savings to make loans to businesspeople.4) buisnesses that save are able to reinvest in themselves.


How can the economy be fixed?

To fix the economy, we have to stop spending and start saving.


Does ethical investing help the economy?

Ethical investments may not help the economy financially but it goes a long way to better people's sense of well being, life, health and the society as a whole, which in turn helps the economy.


What role does saving plays in the process of economic growth?

To help you understand how saving and investment are related, let's consider an economy with no government sector and no foreign trade. In this simplified economy, consumers and business firms purchase all output. In other words, output can be used for consumption (by consumers) or investment (by firms). Income that is not used for consumption is called saving


What type of economy is saving necessary for?

Any type of economy save for the 100% communist one: which is inefficient.


What is the relationship between saving and investment in an open economy?

In an open economy, saving and investment are closely linked. When individuals and businesses save money, it can be used for investment in the economy. This investment can lead to economic growth and increased productivity. Conversely, if there is a lack of saving, it can limit the amount of funds available for investment, potentially slowing down economic growth.


What is the systemic crisis?

The systemic crisis refers to crisis at the whole system in which the economy tuns.when there is fall in one system or one sectorof economy like real economy it will affect the whole economy..


What is economy in simple terms?

Economy is the careful management of resources, such as money, materials, or labor. A saving is an example or result of such management. To make out the household budget results in a form of economy.


What is the primary determinant of the level of consumption and saving in the economy?

the level of income


Does macroeconomics look at the whole economy?

Yes.


Does Macroeconomics addresses the economy as a whole?

yes